For many Iranians, the new US sanctions campaign, called Operation Economic Outcast, seems superfluous given the grim economic situation in their country.
Iranians are facing runaway food inflation, closed petrol stations and a seemingly never-ending depreciation of the nation’s currency caused by a lack of foreign exchange reserves.
Vegetable oil in Iran in August cost 383% more than a year ago. The price of eggs rose by 294%, chicken by 177% and red meat by 148%.
